RE: Only 2 days left before it’s too late.8 Dec 2020 07:52
For those that are unsure what resolutions have been accepted..
Resolution 1 - to receive the reports and accounts for the year ended 31 December 2019
Resolution 2 - to re-appoint David Fletcher as a director, although he will resign upon the Cancellation becoming effective.
Resolution 3 – to appoint Claire Holdsworth as a director, conditional upon the Cancellation.
Resolution 4 - to reappoint Grant Thornton UK LLP as auditors of the Company and to authorise the directors to determine their remuneration.
Resolution 5 – to approve the Cancellation.
Resolution 6 – to approve the Re-registration and to adopt new articles of association suitable for a private limited company. A copy of the New Articles is available on the Company’s website, details below. The New Articles continue to permit the free transferability of Ordinary Shares.
The New Articles contain a drag along right, pursuant to which Shareholders selling more than 50% of the Company’s voting share capital will be able to require that the other Shareholders sell their shares in the Company to the proposed buyer(s) on the same terms.